Chinese biotechnology company
Sinopharm Group logo of Sinopharm Group (same as China National Pharmaceutical Group), with bilingual name on the right
Company type public ISIN CNE100000FN7 Industry Pharmaceutical Founded Founder China National Pharmaceutical Group Headquarters Sinopharm Plaza,,China
Area served
China Key people
Wei Yulin (Chairman) Chen Qiyu (Vice-Chairman) Li Zhiming (President ) Revenue CN¥227.069 billion (2015) CN¥9.169 billion (2015) CN¥3.761 billion (2015)Total assets CN¥138.267 billion (2015)Total equity CN¥30.052 billion (2015)Owner Sinopharm Industrial Investment (56.79%) Parent Sinopharm Industrial Investment Subsidiaries Sinopharm CNMC Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Hong Kong Financial Reporting Standards[ 1]
Sinopharm Group Co., Ltd. is a Chinesepharmaceutical company . The parent company of Sinopharm Group was Sinopharm Industrial Investment, a 51–49 joint venture ofstate-owned enterprise China National Pharmaceutical Group andcivilian-run enterprise Fosun Pharmaceutical .
ItsH shares were listed on theHong Kong Stock Exchange in 2009,[ 2] with itsIPO price of HK$16 per share. Sinopharm Group's subsidiary Sinopharm CNMC and Sinopharm Accord served as theA share counterpart of the company. However, the A share of Sinopharm Group itself was unlisted.
Sinopharm Group was ranked 829th in 2016Forbes Global 2000 list.[ 3]
COVID-19 Vaccine development [ edit ] TheSinopharm BIBP COVID-19 vaccine , also known asBBIBP-CorV ,[ 4] theSinopharm COVID-19 vaccine ,[ 5] orBIBP vaccine ,[ 5] [ 6] [ 7] is one of twoinactivated virus COVID-19 vaccines developed bySinopharm . It completedPhase III trials inArgentina ,Bahrain ,Egypt ,Morocco ,Pakistan ,Peru , and theUnited Arab Emirates (UAE) with over 60,000 participants.[ 8] The BIBP vaccine shares similar technology withCoronaVac andCovaxin , other inactivated virus vaccines for COVID-19.[ 9]
Peer-reviewed results published inJAMA of Phase III trials inUnited Arab Emirates andBahrain showed that the BIBP vaccine is 78.1% effective against symptomatic cases and 100% against severe cases (21 cases in vaccinated group vs. 95 cases in placebo group).[ 10] In December 2020, the UAE previously announced interim results showing 86% efficacy.[ 11] While mRNA vaccines showed higher efficacy of over 90%, those present distribution challenges for some nations as they require deep-freeze facilities and trucks. BIBP-CorV could be transported and stored at normal refrigerated temperatures.[ 12]
The BIBP vaccine is being used in vaccination campaigns by certain countries in Asia,[ 13] [ 14] [ 15] Africa,[ 16] [ 17] [ 18] South America,[ 19] [ 20] [ 21] and Europe.[ 22] [ 23] [ 24] Sinopharm was expected to produce one billion doses of the BIBP vaccine in 2021.[ 25] On 7 May 2021, theWorld Health Organization approved the vaccine for use inCOVAX .[ 14] [ 26]
^ "2015 Annual Report" (PDF) .Sinopharm Group . Hong Kong Stock Exchange. 25 April 2016. Retrieved22 November 2016 .^ "China's Sinopharm gets OK for $1 bln HK IPO" .Reuters . 2009-07-29. Retrieved2020-11-14 .^ "Sinopharm Group" .Forbes . Retrieved2020-11-14 .^ Xia S, Zhang Y, Wang Y, Wang H, Yang Y, Gao GF, et al. (January 2021)."Safety and immunogenicity of an inactivated SARS-CoV-2 vaccine, BBIBP-CorV: a randomised, double-blind, placebo-controlled, phase 1/2 trial" .The Lancet. Infectious Diseases .21 (1):39– 51.doi :10.1016/s1473-3099(20)30831-8 .PMC 7561304 .PMID 33069281 . ^a b "The Sinopharm COVID-19 vaccine: What you need to know" . World Health Organization. 10 May 2021. Retrieved5 July 2021 .^ Nguyen S (5 June 2021)."Coronavirus: Vietnam approves Sinopharm's vaccine, but will people take it?" .South China Morning Post . Retrieved5 July 2021 . ^ Lahiri T, Li J (16 June 2021)."What we now know about the efficacy of China's Covid-19 vaccines" .Quartz . Retrieved5 July 2021 . ^ "China Sinopharm's coronavirus vaccine taken by about a million people in emergency use" .Reuters . 2020-11-19. Retrieved2020-12-09 .^ Corum, Jonathan; Zimmer, Carl (2021-04-26)."How the Sinopharm Vaccine Works" .The New York Times .ISSN 0362-4331 . Retrieved2021-04-29 . ^ Kaabi, Nawal Al; Zhang, Yuntao; Xia, Shengli; et al. (May 26, 2021)."Effect of 2 Inactivated SARS-CoV-2 Vaccines on Symptomatic COVID-19 Infection in Adults: A Randomized Clinical Trial" .JAMA .326 (1):35– 45.doi :10.1001/jama.2021.8565 .PMC 8156175 .PMID 34037666 . ^ "UAE: Ministry of Health announces 86 per cent vaccine efficacy" .gulfnews.com . 9 December 2020. Retrieved2020-12-13 .^ "China State-Backed Covid Vaccine Has 86% Efficacy, UAE Says" .Bloomberg.com . 2020-12-09. Retrieved2020-12-09 .^ Liu R (2020-12-31)."China gives its first COVID-19 vaccine approval to Sinopharm" .Reuters . Retrieved2020-12-31 . ^a b Turak, Natasha (2021-01-18)."The UAE is on track to have half its population vaccinated by the end of March" .CNBC . Retrieved2021-01-21 . ^ Dawn.com (2021-02-02)."PM Imran kicks off Pakistan's Covid-19 vaccination drive" .DAWN.COM . Retrieved2021-02-03 . ^ "Sisi says Egypt to begin COVID-19 vaccinations on Sunday" .Reuters . 2021-01-24. Retrieved2021-01-24 .^ Dumpis, Toms (2021-01-27)."Morocco Receives Half a Million Doses of Chinese Sinopharm Vaccine" .Morocco World News . Retrieved2021-01-28 . ^ "Zimbabwe starts administering China's Sinopharm vaccines" .thestar.com . 2021-02-18. Retrieved2021-02-20 .^ "Argentina autoriza la vacuna china Sinopharm para mayores de 60 años" .El Comercio . 25 March 2021. Retrieved2021-03-26 .^ Aquino, Marco (2021-02-10)." 'The best shield': Peru launches inoculation drive with Sinopharm vaccine" .Reuters . Retrieved2021-02-10 . ^ "Bolivia begins inoculation with Sinopharm jabs | The Star" .www.thestar.com.my . Retrieved2021-02-28 .^ "Serbia Becomes First European Nation To Use China's Sinopharm Vaccine" .Radio Free Europe/Radio Liberty . 20 January 2021. Retrieved2021-01-21 .^ "Hungary first EU nation to use China's Sinopharm vaccine against COVID" .euronews . 2021-02-24. Retrieved2021-02-26 .^ "Belarus begins COVID-19 vaccinations with Chinese shots" .eng.belta.by . 2021-03-15. Retrieved2021-03-16 .^ "Which companies will likely produce the most COVID-19 vaccine in 2021?" .Pharmaceutical Processing World . 2021-02-05. Retrieved2021-02-28 .^ Taylor, Adam (7 May 2021)."WHO grants emergency use authorization for Chinese-made Sinopharm coronavirus vaccine" .The Washington Post . Retrieved7 May 2021 .